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matts19
New Member

Amending 2022 return to declare Partnership closure, but it's not reflecting in generated PDF

I went through the tubotax online questions on the partnership, entering sales, profit, etc.. and also answering and checking relevant boxes to indicate that I closed the partnership.

 

After all these things are done, when I generated the PDF for review (just prior to sending to IRS), it shows my partnership info and sales/profit number, but there is nowhere that shows that the partnership is closed in 2022. Also I do not see 1065 form attached in the PDF which would indicate this kind of stuff (closure).

 

In other words, for all the questions and checkboxes that I selected for partnership closure, PDF is totally missing this info.

 

Since this is an amendment in response to a IRS letter I received (which asks me to mark the return FINAL for the partnership), I am worried that IRS won't get my message across... is there a bug with Turbotax Online Premium, or is this the expected behavior ?

 

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Must I fill out 1065 myself and send them over regular mail along with amendment..? 

 

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2 Replies

Amending 2022 return to declare Partnership closure, but it's not reflecting in generated PDF

This is an amendment to a 1065 and not a K-1 (1065), correct?

 

In the first place, you cannot file an amended return electronically with TurboTax Business. You need to print and mail the amended 1065.

matts19
New Member

Amending 2022 return to declare Partnership closure, but it's not reflecting in generated PDF

Actually - I had not reported anything at all about my partnership in my original 2022 return, because the partnership made $0 sale in 2022 and was closed. In other words I completely left out the partnership info in filing. But supposedly I needed to still report on the partnership even if made $0 sale, and declare that it was dissolved. This is what I am trying to do now in my amended 2022 return.

 

So it sounds like I should amend the 2022 return by including 1065 and send everything via regular mail, correct ?

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